Getty Images; Alyssa Powell/BIThe path to homeownership is lined with middlemen. Real-estate agents, mortgage brokers, attorneys — all help push a deal through and then claim a fee when the ink dries. Most buyers are aware of these parties, but one group mostly flies under the radar. Their fees are often hidden, lumped in with other charges or buried in paperwork.
Similar Stories to The Hidden Middlemen Who Cost Homebuyers $12 Billion — And Counting on Bing News
jrodriguez@insider.com (James Rodriguez), Business Insider
Wed, 01/08/2025 - 2:07am
Topics: images alyssa powell/bithe national association realtors home valuation code conduct amc mark schiffman real estate valuation advocacy association texas class valuation clear capital buffalo new york us the georgia a solidifi us in chris likens ceo federal housing finance agency your amc dodd-frank act during james rodriguez business insider's discourse business insider i the we amc amcs consumer financial protection bureau dodd-frank act schiffman tucker josh tucker appraisal regulation compliance council solidifi nations valuation services solidifi real matters likens tucker cfpb cost fees fee lenders lender consumers mortgage amount total money company buyer tells charges year job buyers paperwork process years management deal bank chance shows house manage examples report part cut captured hundreds loans absolutely dollars ordered calls world revenue aware good payment collected matches order largest push data worth property groups pay lumped person charged exceed pretty group reasonable faulty concluded summer offered fraud offer revaa based numbers passed spokesperson worked burden manager volume appears purchase states average documents
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